Chinese-style modernization received with appreciation – World

China-style modernization is not only about the country’s development but also opens up new opportunities for global cooperation, Chinese and Japanese politicians and experts said at a seminar in Osaka, Japan, on Wednesday.

Xue Jian, Chinese consul general in Osaka, said China’s modernization is closely linked to the modernization of other countries.

As China develops, its path forward will broaden, creating new opportunities for global development and having a positive impact on world peace, he added.

Xue expressed hope that Japan would join China in its journey of modernization, urging Tokyo to approach Beijing’s progress in the spirit of seeking common ground while respecting differences.

Gao Anming, editor-in-chief of China Foreign Languages ​​​​Publishing Administration, stressed the importance of promoting a better understanding of Chinese-style modernization in various sectors in Japan.

Last month, the Academy of Contemporary China and World Studies conducted an online survey of the Japanese public to find out their views on “Chinese-style modernization,” collecting a total of 1,005 responses.

More than 60 percent of those surveyed agreed with the statement that “the development of modernization along Chinese lines requires inheriting traditional Chinese culture and values ​​and achieving organic integration of cultural traditions with modern civilization,” said Fan Daqi, vice president of the academy.

Former Japanese Prime Minister Yukio Hatoyama said in a statement that the current situation in China is different from that in Japan after the collapse of the country’s economic bubble and in the former Soviet Union during the Cold War.

“I strongly believe that Japan and the United States should avoid falling into the trap of value-based diplomacy and should not abandon their policy of engagement with China. At the same time, Japan should assume the strategic role of a bridge between China and the United States,” Hatoyama said.

Hidetoshi Tashiro, chief economist at Japanese firm Infinity LLC, said the digital sector is the driving force of China’s economy. The development of this vast digital ecosystem, the likes of which the world has never seen before, is now driving China’s economic growth. That growth is being driven by semiconductor design and application development, Tashiro said.

China already has a large share of the global market in many sectors. In industries such as electric vehicles and solar panels, as digitalization continues to expand around the world, demand for products and services that enable this transformation will increase, Tashiro said, adding that China’s economy is entering a new phase of growth.

Yangchoon Kwak, a professor at the Department of Economics at Rikkyo University in Japan, said green industries will be the main driver of China’s future economic growth.

He added that China’s development goals go beyond quantitative growth and aim to support industries that contribute to global peace and prosperity.

“As a leading nation, China can reap even greater benefits by focusing on green industries, tourism, culture and the arts. By further strengthening these sectors, I believe China is well-positioned to lead the global economy in the 21st century.”

Responding to claims that China will experience an economic slowdown, Kwak said there is a chance to avoid the long-term stagnation that Japan has faced by focusing on emerging industries.

He believes this could enable China to survive what is perceived as a global recession.

Noriyuki Kawamura, professor emeritus at Nagoya University of Foreign Studies, highlighted two factors that are crucial for China to achieve high-quality development.

The first is the pursuit of innovation, particularly through the development of cutting-edge technologies. This includes further advances in areas such as artificial intelligence and information technology.

The second key factor is the continued expansion of economic and trade openness.